On average, listings lease in the $40's per square foot per year. The Central Laguna Hills submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $6 per sqft per year. That's a 18% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Central Laguna Hills region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 18 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,300 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this area were built in 1979 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Central Laguna Hills folk. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.